Friendable App Metrics Increase as Celebrity Partnership Builds Momentum
CAMPBELL, CA–(Marketwired – May 16, 2016) – Friendable, Inc. (OTC PINK: FDBL), today announced the Friendable app metrics are up, with downloads and session times Increasing, after only its first week of being featured in the Jennifer Lopez “Ain’t Your Mama” music video. App usage data following the release shows the Friendable app trending upward.
Friendable’s monthly downloads for 2016 have been approximately 20,000 per month and the company has shown increasing results month-over-month prior to any celebrity branding. Based on JLo’s 35 million Twitter, 45 million Facebook, and 44 million Instagram followers, Friendable expects its user growth rate to continue increasing.
“These early results are impressive and we only expect them to get better,” stated Friendable, Inc. CEO Robert Rositano Jr. “Jennifer Lopez is a YouTube superstar averaging over 200 million views per video. ‘Ain’t Your Momma’ has only just begun with its approximate 30 million views, so this could be just the tip of the iceberg as far as our exposure goes,” said Rositano Jr.
“The most important part of any marketing or branding effort is exposure and frequency of the message, this is what generates the user downloads. I am confident we will continue to build on this initial momentum as additional celebrity relationships are announced moving forward. More users spending more time on our app should translate into more value for shareholders,” concluded Friendable, Inc. CEO Robert Rositano Jr.
In addition to JLo’s 35 million Twitter, 45 million Facebook and 44 million Instagram followers, the Friendable name has also been featured along with JLo’s in online articles seen on Page Six, Spin, Yahoo, and Fox News.
Friendable Inc. is the mobile-social network focused on the future, rather than sharing the past, where it’s all about having location specific and nearby opportunities to connect with others. The Friendable brand represents a friends first approach and takes all the pressure off for its users, making it simple to make new connections, create meet up style events or simply tell others what you are “Friendable for,” then, based on shared interests and location, users can engage with what makes sense for them. Increased user interactions will allow Friendable to offer advertising and sponsorship opportunities to local venues/businesses, to begin to generate revenue by providing these venues with location specific opportunities to reach potential customers when it matters most; when they are nearby and looking for something to do or someone to do it with. As of April 2016 Friendable has over 1 Million downloads and 700,000 registered users.
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Cautionary Language Concerning Forward-Looking Statements:
This press release contains forward-looking statements. The words or phrases “would be,” “will allow,” “intends to,” “will likely result,” “are expected to,” “will continue,” “is anticipated,” “estimate,” “project,” or similar expressions are intended to identify “forward-looking statements.” Actual results could differ materially from those projected by Friendable, Inc. The iTunes rankings should not be construed as an indication in any way whatsoever of the future value of the Friendable’s common stock or its present or future financial condition. The public filings of Friendable, Inc. made with the Securities and Exchange Commission may be accessed at the SEC’s Edgar system atwww.sec.gov. Statements made herein are as of the date of this press release and should not be relied upon as of any subsequent date. Friendable, Inc. cautions readers not to place reliance on such statements. Unless otherwise required by applicable law, Friendable, Inc. does not undertake, and Friendable, Inc. specifically disclaims any obligation, to update any forward-looking statements to reflect occurrences, developments, unanticipated events or circumstances after the date of such statement.